We generalize the Malgrange preparation theorem to matrix valued functions $F(t,x)\in C^{\infty }(\mathbf{R}\times {\mathbf{R}}^n)$ satisfying the condition that $t\mapsto \det F(t,0)$ vanishes to finite order at $t=0$. Then we can factor $F(t,x)=C(t,x)P(t,x)$ near (0,0), where $C(t,x)\in C^{\infty }$ is inversible and $P(t,x)$ is polynomial function of $t$ depending $C^{\infty }$ on $x$. The preparation is (essentially) unique, up to functions vanishing to infinite order at $x=0$, if we impose some additional conditions on $P(t,x)$. We also have a generalization of the division theorem, and analytic versions generalizing the Weierstrass preparation...